Cyprus Multi Insurance

"Business Shield"

Insure your Business in Cyprus


Request offer

Integrated Insurance Plans and Services, designed specifically for your business' needs. Because your safety and well-being are a priority for us!

Feel safe in a vibrant, competitive environment and take your business a step further! The Multi Insurance "Business Shield" program provides everything a business needs. Integrated insurance solutions that provide security on your investment whilst securing business continuity.



Why Business Shield



All Risk

Against All Risk, which is the most comprehensive form of insurance. The insurance coverage and free benefits provided cover almost for all risks that a business is threatened with.

24hrs Technical Service Assistance

Specialised Technicians, who provide 24hrs Service Assistance in case of damage or repairs such as Plumbing, Electrical, Lock Repairs, Window panes

Business Shield Insurance Coverage

Coverage


Loss or damage against all Risks that are not excluded by the Insurance policy or specified Risks:

 

  • Fire
  • Lighting strike
  • Explosion
  • Strike
  • Distress and Political Unrest
  • Malicious Damage
  • Earthquake or volcanic eruption
  • Explosion, or Water tank overflow, Fuel Device or Pipe
  • Aircraft crash or any other flying objects
  • Theft or Attempted theft by forceful Entry or Exit or Forceful act
  • Forceful impact on buildings
  • Storm, Cyclone, Thunder, Typhoon
  • Flooding or Sea Overflow
  • Fall of trees or branches
  • Smoke
  • Water leakage


24 Hour Support and assistance



  • Plumbing installation
  • Electrical Installation
  • Locks, Panes, Crystals
  • Temporary replacement of TV, DVD
  • Storage Services in case of Fire, Explosion, Flood or Theft
  • Cleaning of Damaged Area, Furniture Transportation, Furniture Storage or Other Personal Items
  • Hotel accommodation to the Insured
  • Ambulance
  • Transportation of the Insured to main Residence
  • Emergency Messaging




  • Extensions


  • Architect and Mechanical Fees
  • Debris Disposal
  • Damages on wires and underground services
  • Payable/Receivable Income
  • Leak detection and repair
  • Lock replacement
  • Damage on water meter


It also offers other important covers in addition to the above for:

  • Consequential Damage (With Extensions - Refusal to Access - Professional Accountants' Fees),
  • Money (Extension - Personal Accidents from Attack),
  • Glass panes
  • Personal Accident Insurance
  • Third Party Liability (with extension - Product Liability)
  • Freight in transit
  • Contamination of goods (refrigerator or cooling systems)


TECHNICAL ASSISTANCE (CONNECTION SERVICE)


  • Option to add Employer Liability Coverage
  • Employee Dishonesty
  • Short Circuit


Business Shield Insurance FAQ

  • I have Business Shield. What does the Technical Assistance include?

    Technical Assistance Team aim to provide 24hrs assistance thought the year through its specialised Technical Team, in case of emergency repair of damages.


    More specific, it covers the following:


    Labour cost

    Moving costs of technician

    Costs of required materials

    The Technical Assistance provides specialised services from technicians, following insurer's request in case of non emergency situation in order to:


    Preparation of budget for works that the insurer has requested.


    If the offer is accepted by the customer, then the Technical Support will undertake to provide:


    Coordination of works

    Quality guarantee for the period of 6 months, as well as

    Checking of costs that in these cases are borne by the Insurer

  • What does the Technical Service include?

    Professionals can perform the following specialities:


     


    Plumping Installation

    Electrical Installation

    Locks and other security system (technical)

    Glass panes / Mirrors

    Contractual works

    Painting

    Carpentry

    Satellite installation

    Heating - Cooling

    Rental of Laptop, Phone or Fax machine

    Security Service

    Repair of home appliances

    Iron / Aluminium constructions

    Disinfection

    Tents

    Isolation

    Wooden Floors

    Blockage

  • How do I make a claim?

    In the event of damage, you must first notify the company. Try to keep details of the incident with photos, invoices or receipts from the municipality or local emergency services. Do not carry out repair work before obtaining the Company's consent.   


    In the event of a major damage, an estimator is sent by the Company and an on-site visit assessment is performed.


    In case of theft notify the Company and provide any prime information. You will need a police report and a full record of the stolen items with the recpective receipts that you will send to the Company along with a completed and signed Claim Form.


    Once all the details have been gathered and the evaluation is completed, the Claims Officer will contact you for the results